How Disney’s Fox Acquisition Affects Hulu Ownership

In December of 2017, media corporation Disney agreed to buy the bulk of Fox for $52 billion. Included in the package deal was a 30 percent stake in online streaming service, Hulu, of which Disney already owned 30 percent. Now with a majority stake in the company, Disney has the option to buy out the rest of the Hulu stock from Comcast and Time Warner or engage with all the players involved.